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Stock Market & Financial Investment News

News Breaks
April 3, 2014
06:34 EDTDNKN, BKW, JACK, MCD, SONC, WENStates moving on minimum wage hikes, NY Times says
Since President Obama called for an increase in the federal minimum wage 14 months ago, seven states and Washington, DC have passed such an increase, according to The New York Times. Meanwhile, 34 other state legislatures have started debating the issue and activists in another eight states are looking to get proposals for minimum wage increases on voter ballots, the newspaper stated. Companies that could be affected by minimum wage increases include McDonald's (MCD), Burger King (BKW), Wendy's (WEN), Jack in the Box (JACK), Dunkin Donuts (DNKN), and Sonic Corporation (SONC). Reference Link
News For MCD;BKW;WEN;JACK;DNKN;SONC From The Last 14 Days
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November 11, 2014
05:56 EDTMCDMcDonald's recalls Hello Kitty themed whistles due to choking hazards
McDonald's is recalling about 2.3M “Hello Kitty Birthday Lollipop” Whistles in the U.S. and about 200,000 in Canada. The CPSC says components inside of the whistle can detach, posing choking and aspiration hazards to young children. McDonald’s has received two reports of children who coughed out pieces of the whistle that they had sucked into their mouths, including one child who received medical attention. Reference Link
November 10, 2014
08:00 EDTMCDMcDonald's reports October APMEA comparable sales down 4.2%
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07:59 EDTMCDMcDonald's reports October Europe comparable sales down 0.7%
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07:59 EDTMCDMcDonald's reports October US comparable sales down 1%
The company said, "To restore business momentum, the U.S. is revamping its marketing approach, simplifying the menu and creating a new organizational structure. These initiatives are designed to better address consumer preferences and the competitive dynamics of the local markets in which we compete by bringing decision making closer to our customers."
07:58 EDTMCDMcDonald's reports October global comparable sales down 0.5%
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November 9, 2014
19:17 EDTBKWBurger King to open 12 locations in India, Reuters says
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November 6, 2014
09:46 EDTWENWendy's sees reducing store ownership over time
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09:12 EDTWENWendy's sees record high beef costs continuing
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09:11 EDTWENWendy's sees positive comp sales growth in Q4
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07:09 EDTWENWendy's board authorizes 10% increase in quarterly dividend to 5.5c from 5c
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07:08 EDTWENWendy's sees adjusted EPS growth to be in mid-teens beginning in 2015
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07:08 EDTWENWendy's expects FY15 adjusted EBITDA growth in mid-to-high single digit range
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07:07 EDTWENWendy's sees positive same-restaurant sales growth in Q4
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07:07 EDTWENWendy's backs FY14 adjusted EPS 34c-36c, consensus 35c
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07:05 EDTWENWendy's on track for 435-460 new and reimaged systemwide restaurants in 2014
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07:04 EDTWENWendy's believes company to realign resources will yield cost reduction of $30M
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07:03 EDTWENWendy's reports Q3 N. America company-owned restaurant margin 15.5%
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07:02 EDTWENWendy's: Q3 was challenging, but brand initiatives remain on track
07:02 EDTWENWendy's reports Q3 company-operated same restaurant sales up 2%
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07:02 EDTWENWendy's reports Q3 adjusted EPS 8c, consensus 9c
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